Market Insight

Update on the South Florida / Fort Lauderdale real estate market.

Are recent sales declines in South Florida storm related or something more?

South Florida residential sales have been on the decline in the past few months, so it may be difficult to blame the storms.   Although transaction volume declined sharply in September, it appears that cracks in the market started in July.  One month does not make a trend, but three months may be an indicator of […]

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Changes in attitudes around the lower latitudes

Jimmy Buffet had a great song entitled “Changes in latitudes, changes in attitudes” and that is the theme of our post today.  Market sentiment often shifts several months (or longer) prior to any price correction and most individuals may not see the shift until long after a cycle turns.  During the last housing crisis, most […]

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Climbing the wall of worry

Party on!  It looks like prices keep climbing in the South Florida residential real estate market, at least through the month of June.   Historically that month has been strong for sales volume and prices, so once we get into the next few months, we should have a better indication if this freight train plans […]

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Stall speed

Stall speed is the slowest speed a plane can fly to maintain level flight.  That sounds a lot like the state of our economy and the bond market is well aware.  After the November election we saw a noticeable jump in 10-year bond yields and mortgage rates, but halfway through 2017, they simply don’t believe […]

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Plotting the next move

When will it be time to begin plotting your next move?  It sure seems like real estate markets have been defying all logic and the charts have showed some resilience so far throughout 2017.  At some point the rally across all asset classes will run out of steam, whether we see it first in stocks, […]

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Pops & drops

Real estate data has a tendency to be seasonal and from the looks of this latest batch, we are right on track again in South Florida.  Today we will take a look at the “pop” in transaction volume last month, along with price trends, foreclosure filings and distressed sales. A seasonal “pop” in deal volume […]

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Hanging around

The Counting Crows had a cool song years ago titled “hanging around”.  It had a great beat and reminds me of a few market conditions lately.  Today we will highlight a couple of our charts that may be worth monitoring and will help you determine if the real estate market recovery is for real. Rates […]

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What to watch in 2017

There are a few areas to watch as we begin 2017 and we will highlight them with new charts.  After eight years of artificially suppressed interest rates, all asset classes could enter a new era of volatility.  Here are a some data points worth keeping an eye on as we move through the year: Watch […]

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Are property prices poised to head South this winter?

Property prices around the country have had quite the rally since the Fed decided to drop interest rates to stimulate the economy back in 2009.  After seven years of asset price reflation aka “the recovery”, there are a variety of factors that may send property prices downward.  Today we will look at the decline in […]

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How will rising rates impact real estate market activity?

Interest rates have been rising since the election and within a few months we should begin to see the impact.  We have discussed this topic at length on our blog because the Federal Reserve has kept rates at crisis levels for the past seven years and now they may have lost control.  Take a look […]

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